B2B drives market demand, with B2B spending representing 58.3% of total demand in 2021. Yum China Holdings Inc is the largest company in China, generating 4.8% of the industry’s total production value in 2021. The industry is fragmented, with the top four companies generating 7.0% of total production value in 2021. The total number of companies increases in 2021, to 3,085,772 units. The costs of the industry increase by 27.6% in 2021, largely driven by rising B2B costs. The industry’s profitability increases and stands at 21.8% of turnover in 2021, the seventh highest regionally. With turnover of USD906 billion, China accounts for 61.1% of the Asia Pacific total in 2021.
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This Euromonitor industrial report provides unique information on Restaurants and Bars in China: ISIC 552. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Restaurants and Bars in China: ISIC 552 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of hotels and camping sites and restaurants, bars and canteens.See All of Our Definitions
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